Cerence Inc. (CRNC) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 13 analysts25.7% Above Target
CRNC trades 25.7% above Wall Street's consensus target of $8.00.
Current Price$10.77
Average Target$8.00
Low$8.00
Median$8.00
High$8.00
Analyst Target Range
Forward P/E15.2x
(Fair)
PEG Ratio—
Implied Growth+269.4%
(High Growth)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes CRNC achieves its forward estimates and maintains a stable P/E multiple of 15.2x. This scenario reflects the blended consensus of 13 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
CRNC Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Cerence Inc. (CRNC) has a Wall Street consensus price target of $8.00, based on estimates from 13 covering analysts. With the stock currently trading at $10.77, this represents a potential downside of -25.7%. The company has a market capitalization of $486M.
Analyst price targets range from a low of $8.00 to a high of $8.00, representing a 0% spread in expectations. The median target of $8.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, CRNC trades at a trailing P/E of -25.0x and forward P/E of 15.2x. Analysts expect EPS to grow +269.4% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+35.8%
Industry Consensus
Avg Forward P/E
42.8x
(Growth Premium)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
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 LSCCLattice Semiconductor Corporation | $21.1B | $153.72 | $141.11 | -8.2% | Buy | 146.4x | 17 |
 VNETVNET Group, Inc. | $2.4B | $8.75 | $19.03 | +117.5% | Buy | — | 16 |
 AIXIXiao-I Corporation | $3M | $6.26 | — | — | — | — | — |
 MSFTMicrosoft Corporation | $2.8T | $379.40 | $551.96 | +45.5% | Buy | 22.6x | 82 |
 GOOGLAlphabet Inc. | $4.5T | $368.03 | $411.80 | +11.9% | Buy | 25.9x | 83 |
 AMZNAmazon.com, Inc. | $2.6T | $244.39 | $307.77 | +25.9% | Buy | 27.8x | 94 |
 AAPLApple Inc. | $4.4T | $298.01 | $326.47 | +9.6% | Buy | 34.0x | 110 |
 BBAIBigBear.ai Holdings, Inc. | $18.5B | $3.92 | $6.00 | +53.1% | Hold | — | 4 |
 TMToyota Motor Corporation | $226.7B | $173.94 | $179.41 | +3.1% | Hold | 0.1x | 16 |
CRNC — Frequently Asked Questions
Quick answers to the most common questions about buying CRNC stock.
What is the CRNC stock price target for 2026?
CRNC's consensus price target is $8, -25.7% below the current price of $10.77. The 13 analysts tracking CRNC see downside risk at present valuations.
Is CRNC a buy, sell, or hold?
CRNC has a consensus rating of "Hold" based on 13 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $8 implies -25.7% downside from current levels.
Is CRNC stock overvalued or undervalued?
With a forward P/E of 15.1754x, CRNC trades at a relatively low valuation. The consensus target of $8 implies -25.7% move, suggesting the market may be pricing in risks.
How high can CRNC stock go?
The most bullish Wall Street analyst has a price target of $8 for CRNC, while the most conservative target is $8. The consensus of $8 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover CRNC stock?
CRNC is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the CRNC stock forecast?
The 12-month CRNC stock forecast based on 13 Wall Street analysts shows a consensus price target of $8, with estimates ranging from $8 (bear case) to $8 (bull case). The median consensus rating is "Hold".
What is CRNC's forward P/E ratio?
CRNC trades at a forward P/E ratio of 15.2x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy CRNC stock?
Analysts are cautious on CRNC, with 0 Sell ratings and a price target of $8 (-25.7% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do CRNC price targets vary so much?
CRNC analyst price targets range from $8 to $8, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8 consensus represents the middle ground.
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